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The Peter G. Peterson Foundation and the Ford Foundation today announced $1.5 million in grant awards for US 2050, a unique research initiative examining the multiple demographic, economic, societal, and fiscal trends shaping America in the decades ahead.
Building on work that began with the Foundation's Solutions Initiative last year, experts from the American Action Forum, the Bipartisan Policy Center, the Center for American Progress, the Economic Policy Institute and The Heritage Foundation have each composed specific plans to set the country on a more sustainable fiscal path, and set out their top priorities for the President and Congress.
“This committee has an important opportunity to improve the budget process in a way that will help encourage fiscally responsible policymaking," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
New $1 million research initiative will help inform and improve pandemic relief and recovery policies.
The results of the Peterson Foundation’s Solutions Initiative III are in: researchers from five leading think tanks agree that there are many ways to stabilize the nation’s long-term debt.
Funding Will Support New Research to Analyze Economic Implications of COVID-19 Pandemic, Illuminate Solutions for Policymakers
The Foundation is developing a growing program of initiatives and grants aimed at fostering improvements in the U.S. healthcare system, which Jeffrey D. Selberg, MHA, will shape and oversee.
A new five-year, $1.9 million grant will support the Howard University Department of Economics and the Women’s Institute on Science, Race and Equity (WISER) in their innovative work to increase diversity in the field of economics and promote greater inclusion in fiscal and economic policymaking.
“Our country is on an unsustainable fiscal path, and reforming our broken budget process can be an important part of improving our fiscal future," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
“We need our leaders to rise to the urgency of the moment, but legislative gridlock continues to prevent progress on even the basics of budgeting," said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/03/peterson-foundation-statement-on-presidents-budget